Industry Developments

BMI View: Tullow has struck oil in Ghana, again. The string of exploratory successes it has achieved in Africa supports its decision to embark on a risky, but high-paying strategy,... 2012-12-12

BMI View: ADNOC and its foreign partners have announced positive test results from a tight gas well. The low sulphur content of the gas, in contrast to the sour nature of current reserves,... 2012-11-14

BMI View: Repsol's exploration of its seven existing licences in Libya is a cost-effective way for the Spanish firm to boost future upstream production to add to revenue in the wake... 2012-11-13

BMI View: Algeria's tax system has been a major obstacle to the country's attempts to attract foreign investment. While Algeria is a major player in the African oil and gas market,... 2012-11-13

BMI View: Kuwait plans to devote a significant share of a US$60bn investment commitment to upstream projects in the country as part of a planned effort to increase oil production by... 2012-11-09

BMI View: Rialto Energy announced on November 5 that it is looking to farm-out part of its production development in the CI-202 blocks. Cote d'Ivoire has attracted high interest in... 2012-11-08

BMI View: Strong interest in West Africa's deep waters continues to drive a wave of exploration in the region, with the Republic of Guinea set to revamp oil laws and launch an offshore... 2012-11-02

BMI View: Kenya will be revamping its licensing policy as part of a broader overhaul of its oil and gas laws. While new terms will raise the costs of entering Kenya's upstream, we see... 2012-10-30

BMI View: With several new projects added or coming onstream in the next few years, such as PSVM (150,000b/d) and several fields in BP's Block 31(150,000 b/d ), we see Angolan oil output... 2012-10-29

BMI View: Nigeria's plans to launch its first oil bidding round in five years are likely to be undermined by the uncertainty surrounding the Petroleum Industry Bill (PIB). International... 2012-10-29